Aug 31st, 2018
Comments Off on Medical Equipment Companies Cheer for Possible End to Medicare Competitive Bidding
Unless you’re a healthcare worker using durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) or are a home healthcare company, you probably have no idea what Medicare’s DMEPOS Competitive Bidding Program (CBP) is or how it affects healthcare equipment suppliers and patients. Frankly, it’s been a thorn in the sides of many DMEPOS companies for ...
In Billing
Apr 9th, 2018
Effective April 30, four HCPCS Level II codes for certain durable medical equipment (DME) will no longer require prior authorization. If your medical office or facility sells or rents DME, it’s time to update your list. Master List Agenda The Centers for Medicare & Medicaid Services (CMS) published a final rule in the March 30 Federal Register to ...
Sep 11th, 2015
According to the Centers for Medicare & Medicaid Services (CMS), the improper payment rate for power mobility devices (PMDs) in 2013 was 81.8 percent, which amounts to approximately $329 million in erroneous payments made under Original Medicare. Documentation and medical necessity errors were behind most of these improper payments. CMS recommends that providers and suppliers work ...
In Billing
Nov 14th, 2011
The most recent update to the Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) fee schedule is now available. The changes, effective Jan. 1, 2012, will affect all providers and suppliers submitting claims to Medicare contractors for DMEPOS items and services. The big news is a 2.4 percent overall increase to the 2011 payment rate, ...
In Billing
Aug 31st, 2011
The Centers for Medicare & Medicaid Services (CMS) has begun the second phase of an expansion of a competitive bidding program aimed at lowering costs for quality durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS). The competitive bidding program uses competitions between suppliers to set new, lower payment rates for certain medical equipment and supplies, such ...